Polymarket only sees 16% of the Donald Trump orders the creation of a Bitcoin Strategic Reserve (BTC) in the first 100 days of its administration, despite the insurance of the Crypto-Czar David Sacks that there is a effort in progress to explore the idea.
“President Trump asked us to study this problem, so we are not yet ready to comment. But this is one of the things that our working groups will examine,” said Sacks during a recent appearance On Fox.
Senator Cynthia Lummis, a Wyoming republican who is known for her friendly political position, submitted a bill proposing the creation of a reserve, but it is a distinct measure of the efforts of the White House.
The bill proposes to establish a “Bitcoin purchase program” up to 200,000 BTC per year over a period of five years, and will be partially funded by the re -evaluation of the gold of the Federal Reserve, previously reported Coindesk. Currently, the bill is before the banking, housing and urban affairs committee.
Michael Saylor, who said the plan would protect the dollar (MSTR), who said the plan will protect the dollar.
“The best way to protect the dollar is to make sure you withdraw the debt and become rich,” said the executive president of Microstrategy (MSTR) at a November conference. “The next best way to protect the dollar is to ensure that if someone ever considers a different capital asset other than the Treasury bill, you own it.”
Meanwhile, the state of Texas recently declared that he was working on his own BTC strategic reserve. Polymarket bettors give 53% chance that a bill on the creation of such a reserve in 2025.
